Spices; Turmeric (Curcuma) Price in Argentina - 2023
Contents:
- Spices; Turmeric (Curcuma) Price in Argentina (CIF) - 2022
- Spices; Turmeric (Curcuma) Price in Argentina (FOB) - 2022
- Spices; Turmeric (Curcuma) Imports in Argentina
- Spices; Turmeric (Curcuma) Exports in Argentina
Spices; Turmeric (Curcuma) Price in Argentina (CIF) - 2022
The average spices; turmeric (curcuma) import price stood at $2,330 per ton in 2021, growing by 53% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $2,388 per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Indonesia ($2,463 per ton), while the price for India ($2,055 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Turmeric (Curcuma) Price in Argentina (FOB) - 2022
In 2021, the average spices; turmeric (curcuma) export price amounted to $4,259 per ton, surging by 65% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 92%. As a result, the export price attained the peak level of $8,102 per ton. From 2014 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($10,177 per ton), while the average price for exports to Bolivia amounted to $1,413 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.3%).
Spices; Turmeric (Curcuma) Imports in Argentina
In 2022, imports of spices; turmeric (curcuma) into Argentina stood at 400 tons, surging by 3.3% on 2021 figures. Over the period under review, imports, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports attained the peak of 633 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; turmeric (curcuma) imports expanded to $946K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of $964K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Turmeric (Curcuma) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 377 | 543 | 465 | 11.1% | |
| Peru | 179 | 149 | 203 | 6.5% | |
| Indonesia | 59.6 | 96.2 | 153 | 60.2% | |
| Chile | 179 | 141 | N/A | -21.2% | |
| Bolivia | 7.3 | 10.5 | N/A | 43.8% | |
| Others | 24.8 | 24.1 | 80.0 | 79.6% | |
| Total | 827 | 964 | 902 | 4.4% | |
Top Suppliers of Spices; Turmeric (Curcuma) to Argentina in 2022:
- India (226.4 tons)
- Peru (96.6 tons)
- Indonesia (62.0 tons)
Spices; Turmeric (Curcuma) Exports in Argentina
Spices; turmeric (curcuma) exports from Argentina surged to 1.1 tons in 2022, jumping by 251% on the previous year's figure. Over the period under review, exports showed a temperate expansion.
In value terms, spices; turmeric (curcuma) exports skyrocketed to $3.1K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 272% against the previous year. As a result, the exports reached the peak of $4.9K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Turmeric (Curcuma) in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Bolivia | 667 | 402 | 1,108 | 28.9% | |
| Canada | 163 | 53.0 | 203 | 11.6% | |
| Germany | N/A | 844 | N/A | 0% | |
| Yemen | 494 | N/A | N/A | 0% | |
| Others | N/A | 3,621 | 35.0 | -99.0% | |
| Total | 1,324 | 4,920 | 1,346 | 0.8% | |
Top Export Markets for Spices; Turmeric (Curcuma) from Argentina in 2022:
- Bolivia (784.0 kg)
- Canada (20.0 kg)
794
This report provides an in-depth analysis of the ginger market in Argentina.
71
This report provides an in-depth analysis of the market for spices except pepper or ginger in Argentina.
459
This report provides an in-depth analysis of the market for dog and cat food in Argentina.
832
This report provides an in-depth analysis of the apricot market in Argentina.
955
This report provides an in-depth analysis of the virgin olive oil market in Argentina.
532
This report provides an in-depth analysis of the paint and varnish market in Argentina.
322
This report provides an in-depth analysis of the olive oil market in Argentina.
317
This report provides an in-depth analysis of the encased lead pencil market in Argentina.
274
This report provides an in-depth analysis of the assembled clock movements market in Argentina.
337
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Argentina.
897
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1011
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
779
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7494
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8583
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1378
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7880
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11860
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1617
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3382
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
